U.S. February S&P Global Services and Manufacturing PMI preliminary figures both below expectations

MARA Acquires Exaion, Expands AI and Cloud Footprint

MARA Holdings has acquired 64% of Exaion, cementing its push into AI and cloud services amid Bitcoin mining challenges. As mining margins tighten, firms are pivoting to hybrid models, leveraging AI for stable revenue along with traditional mining operations.

Bitcoin spot ETF experiences five consecutive weeks of net outflows, with a total withdrawal of $3.8 billion

U.S. Bitcoin spot ETFs have experienced net outflows for five consecutive weeks, totaling approximately $3.8 billion, reflecting institutional risk reduction and position adjustments. Meanwhile, Ethereum spot ETFs are also facing net outflows. Market opinions suggest that if macroeconomic data weakens, digital asset ETFs could see a return of funds.

Rial plummets, Iranians rush to transfer money into crypto

In 2026, the Iranian rial faces a severe decline and inflation erodes savings, causing the middle class to lose faith in banks. Many families turn to cryptocurrencies like Bitcoin and stablecoins to preserve value, reminiscent of Lebanon's 2019 financial crisis.

American private credit giant Blue Owl Capital announces the sale of approximately $1.4 billion in loan assets

Blue Owl Capital announces the sale of $1.4 billion in loan assets to meet investor redemption demands, causing its stock price to drop nearly 15%. Experts warn that excessive expansion in the private credit market could trigger systemic risks. If the central bank cuts interest rates, it could bring new momentum to Bitcoin and the crypto market.

Forget M2: Treasury T-Bill Issuance Emerges as Bitcoin’s Strongest Macro Signal

_Bitcoin closely tracks shifts in U.S. T-bill issuance, more than M2 or Fed balance sheet changes._ For years, crypto investors relied on M2 money supply and Federal Reserve balance sheet data to predict Bitcoin’s direction. Liquidity expansion often aligned with rallies, while tightening